Planning the finances for your study permit

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Tuition is only one part of the cost of studying in Canada. Put together a realistic budget before you prepare your proof of funds.

Include the everyday costs

IRCC asks you to show that you can cover tuition, living expenses and transportation for yourself and any accompanying family members without relying on work in Canada. The applicable amounts depend on the application date, family size and whether you will study in Quebec. Check the current figures for your circumstances.

Show where the money comes from

IRCC lists examples of financial evidence, such as bank records, scholarships, loans and support from another person or institution. You do not need every example on the list. Choose records that clearly explain the funds available to you.

Look beyond the first year

For a longer program, explain how you plan to pay for the whole course as well as the first year. If family will support you, organize the evidence of that relationship and support. Check local visa-office instructions too. Build your plan using current figures rather than an amount remembered from an older post.

Source: Immigration, Refugees and Citizenship Canada (IRCC) — Study permit: Proof of financial support.

Contact me to discuss your immigration questions.